On the recordFebruary 28, 2012
I have an amendment at the desk. The amendment is numbered No. 3. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of subsection (a) of section 2, add the following: (3) State authorization regulations for certain institutions.-- (A) Regulations required.--Notwithstanding section 482(c) or section 492 of the Higher Education Act of 1965 or the repeals under paragraph (1)(A) of this section, not later than 6 months after the date of enactment of this Act, the Secretary of Education shall issue regulations that apply the regulations repealed under paragraph (1)(A) to any institution of higher education that has-- (i) a graduation rate that is below the national average for its sector, as defined in the common education data developed by the National Center for Education Statistics; (ii) a cohort default rate that is higher than the national average for its sector; or (iii) a completion rate that is below the national average for its sector, as determined pursuant to section 668.8 of title 34, Code of Federal Regulations. (B) Rule of construction.--Notwithstanding any other provision of law, nothing in subparagraph (A) shall be construed as limiting or otherwise affecting the applicability of section 101(a)(2) of the Higher Education Act of 1965. The Acting CHAIR. Pursuant to House Resolution 563, the gentleman from Colorado (Mr. Polis) and a Member opposed each will control 5 minutes.…





